Category: Finance

(Bloomberg) — Finance chiefs from the world’s most powerful economies hardened their positions regarding language on Russia’s war in Ukraine, with the one-year mark looming over other critical global issues such as debt relief for poorer nations. US Treasury Secretary Janet Yellen said Russia ending the war was “the most important thing” for the global […]

Indian Prime Minister Narendra Modi addresses media on the opening day of the Parliament’s budget session, in New Delhi, India, on Jan. 31, 2023. (AP Photo/Manish Swarup, File) BENGALURU, India (Kyodo) — Indian Prime Minister Narendra Modi on Friday called on financial chiefs of the Group of 20 leading economies to address rising prices and […]

By Shivangi Acharya, David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. G20 Finance Ministers, Central Bank Governors and head of delegates attend the […]

Mumbai (Maharashtra) [India], February 24 (ANI/NewsVoir): Fullerton India Credit Company Limited (Fullerton India), one of the leading NBFCs in the country, reported a profit of Rs 551 crores for the third quarter of FY23. Total Disbursals stood at Rs 19,500 crores, a jump of 41% companies to the corresponding quarter last year. The growth story […]

Financial viability of many countries is being threatened by unsustainable debt, Indian PM says, as two-day G20 meeting begins in Bengaluru. Policymakers of the Group of 20 (G20) leading economies should focus on helping the world’s most vulnerable people, India’s Prime Minister Narendra Modi has said as top-level financial talks kick off near the Indian […]

The continual growth and expansion of e-commerce coupled with increased online connectivity have given rise to a new economic revolution. Driven by technological innovations, it has changed the way consumers buy goods and render services. Known as the platform economy, this trend has seen commerce move increasingly towards favouring digital platform business models. Examples of […]

Indian Prime Minister Narendra Modi added his voice Friday to calls for the reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met. The talks in Bengaluru were expected to focus on the continuing damaging effects of the Covid-19 pandemic and the Ukraine war, as well as […]

Kotak Securities has buy call on Bajaj Finance with a target price of Rs 6385. The current market price of Bajaj Finance is Rs 6230.15. Kotak Securities recommended to keep stop loss at Rs 6115. Bajaj Finance, incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 375508.40 Crore) […]

The taxonomy, which will set out which financial activities in the private and public sectors can be classed as ‘green’, was due to be finalised by the start of 2023, but the Government announced a pause in December 2022. It cited continuing challenges with the design of the EU’s own taxonomy, plus the need for […]

Vadodara (Gujarat) [India], February 24 (ANI/PRNewswire): Vadodara-based Maximus International Limited’s revenue for nine-months ended December 31, 2022, stands at Rs 74.77-crore, up 50% as compared to the corresponding period of the last year. Maximus has achieved a staggering increase in its EBITDA by 100 basis points (bps) for the same nine-month period as compared to […]